Shima Capital

Basics

• Founded in 2021
• Got put in the B category on a Crypto VC list (29-8-2022).

Investments

• From CoinDesk (17-8-2022):

"Raised $200 million for its first venture capital fund to support early-stage Web3 startups. Shima Capital Fund I will focus on pre-seed and seed stage investments. More than half of the Shima team is devoted to post-investment operational support services such as engineer recruiting, community marketing and token design, said Gao. Check sizes will range from $500,000 to $2 million for each company.

Investors in the new fund included newly rebranded VC firm Dragonfly, hedge fund billionaire Bill Ackman, blockchain game maker and investment firm Animoca, crypto wallet OKX, Mirana Ventures, Republic Capital, CoinDesk parent Digital Currency Group and entrepreneur and former U.S. presidential candidate Andrew Yang, among others.

• Bearachain; part of the $42M raise (20-4-2023)
• BlockPI; part of their $3M seed round (28-1-2022).
• Coinweb; this fund is mentioned under the 'partner' page (17-8-2023).
• Monad; part of their $19M raise (14-2-2023).

Team

• Yida Gao; founder and managing partner